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Tax Credit Programs
Employers that hire economically disadvantaged workers may receive federal tax credits of up to $2,400 for short-term welfare recipients, and ex-felons under the Work Opportunity Tax Credit program (WOTC) or up to $9,000 over a two-year period for long-term public assistance recipients. The credit can be as high as $9,600 per veteran for for-profit employers or up to $6,240 for tax-exempt organizations.
Questions? The WOTC National Office has created a new e-mail address: Ask.firstname.lastname@example.org.
- Illinois workNet: Hiring Credits
- U.S. Department of Labor: Government Incentives & Assistance for Employers
- To find candidates who may qualify for these state and federal tax credits, please visit IllinoisJobLink.com